KLA-Tencor Corporation (KLAC) Earns Coverage Optimism Rating of 0.10

Media coverage about KLA-Tencor Corporation (NASDAQ:KLAC) has trended somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. KLA-Tencor Corporation earned a news sentiment score of 0.10 on Accern’s scale. Accern also assigned media coverage about the semiconductor company an impact score of 45.3270414130598 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

These are some of the news headlines that may have impacted Accern’s scoring:

KLAC has been the subject of several recent research reports. BidaskClub downgraded shares of KLA-Tencor Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, July 25th. B. Riley reiterated a “buy” rating and issued a $120.00 target price on shares of KLA-Tencor Corporation in a research note on Friday, July 28th. Credit Suisse Group set a $115.00 target price on shares of KLA-Tencor Corporation and gave the stock a “buy” rating in a research note on Saturday, July 29th. Stifel Nicolaus reiterated a “hold” rating and issued a $103.00 target price (up previously from $102.00) on shares of KLA-Tencor Corporation in a research note on Sunday, July 30th. Finally, Zacks Investment Research lowered shares of KLA-Tencor Corporation from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 2nd. Three research analysts have rated the stock with a sell rating, six have given a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $107.51.

Shares of KLA-Tencor Corporation (KLAC) opened at $102.15 on Wednesday. KLA-Tencor Corporation has a 1 year low of $74.66 and a 1 year high of $110.00. The stock has a market cap of $15,973.24, a P/E ratio of 15.49 and a beta of 1.68. The company has a debt-to-equity ratio of 1.72, a quick ratio of 2.59 and a current ratio of 3.11.

KLA-Tencor Corporation (NASDAQ:KLAC) last announced its earnings results on Thursday, October 26th. The semiconductor company reported $1.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.63 by $0.17. The business had revenue of $970.00 million during the quarter, compared to analyst estimates of $946.86 million. KLA-Tencor Corporation had a net margin of 27.82% and a return on equity of 84.61%. KLA-Tencor Corporation’s revenue for the quarter was up 29.2% on a year-over-year basis. During the same period in the previous year, the business posted $1.16 earnings per share. equities research analysts anticipate that KLA-Tencor Corporation will post 7.16 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 1st. Stockholders of record on Wednesday, November 15th will be issued a $0.59 dividend. The ex-dividend date is Tuesday, November 14th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.31%. KLA-Tencor Corporation’s payout ratio is 36.14%.

In related news, Director Emiko Higashi sold 500 shares of KLA-Tencor Corporation stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of $110.00, for a total value of $55,000.00. Following the transaction, the director now directly owns 13,588 shares of the company’s stock, valued at $1,494,680. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Bobby R. Bell sold 4,236 shares of KLA-Tencor Corporation stock in a transaction on Monday, October 2nd. The stock was sold at an average price of $105.51, for a total transaction of $446,940.36. Following the completion of the transaction, the insider now directly owns 8,908 shares in the company, valued at $939,883.08. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 33,637 shares of company stock valued at $3,352,060. Company insiders own 0.20% of the company’s stock.

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About KLA-Tencor Corporation

KLA-Tencor Corporation (KLA-Tencor) is a supplier of process control and yield management solutions for the semiconductor and related nanoelectronics industries. The Company’s products are also used in a number of other high technology industries, including the light emitting diode (LED) and data storage industries, as well as general materials research.

Insider Buying and Selling by Quarter for KLA-Tencor Corporation (NASDAQ:KLAC)

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